Today’s stock exchange: The power of trust, Angel One to Muthoot Finance were among the 17 stocks the Mutual Fund exited completely during the past month, Nuvama Alternative & Quantitative Research’s Mutual Fund Insights reports suggested. Other companies from which mutual funds have exited include The Ramco Cement, Crompton Greaves Consumer, Natco Pharma, City Union Bank, Gujarat Gas, Havells, Maruti Suzuki India, ABB, Piramal Enterprise Ltd, Sterlite Technologies, Muthoot Finance, Voltas, Torrent Power and Orient Cement

Mutual fund details for all market cap schemes

According to the report on top activities in mutual funds, the Nuvama Institutional Equities report showed that HDFC Mutual Fund completely exited Global Health Ltd (Medanta), Angel One Ltd and Reliance Power Ltd. HDFC Mutual Fund, in turn, added shares of Nuvoco Vistas Corporation Ltd. and JSW Steel Ltd in their portfolio.

On the other hand, SBI Mutual Fund exited companies like The Ramco Cement Ltd, Crompton Greaves Consumer Electricals Ltd and Natco Pharma in the month of October. SBI Mutual Fund added shares of Hindustan Petroleum Corporations Ltd, Sansera Engineering and Torrent Pharma.

Kotak Mutual Fund, while adding KEI Industries and LTI Mindtree, however sold shares and exited stakes in City Union Bank Ltd, Gujarat Gas and Havells India Ltd.

Axis Mutual Fund bought shares and added stakes in HDFC AMC and HCL Technologies Ltd, but completely divested their holdings in Maruti Suzuki India Ltd, ABB Ltd and Gobal Health Ltd (Medanta)

Nippon India Mutual Fund, while adding Sansera Engineering and Sudarshan Chemicals to its portfolio, has completely divested its holdings in Piramal Enterprise Ltd, Sterlite Technologies Ltd and Muthoot Finance

Quant Mutual Fund is the only fund to add Adani Enterprises, Tata Chemicals Ltd and Ipca Laboratories Ltd while not exiting company holdings.

ICICI Prudential Mutual Fund, while adding Nestle India, Sundaram Clayton, Life Insurance Corporation, divested Voltas Ltd, Torrent Power Ltd and Orient cement Ltd.

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